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Stock Market & Financial Investment News

News Breaks
May 13, 2014
10:37 EDTFNMAFannie Mae rallies sharply, levels to watch
In otherwise quiet trading, the shares are on a tear to the upside after the regulator for the company declined to cut mortgage loan sizes the company could hold as had been previously envisioned. Shares were last at $4.67, up ver 10%. At that price next resistance is at $4.80, a prior pivot high. Support is at $4.47.
News For FNMA From The Last 14 Days
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August 27, 2014
09:54 EDTFNMAFannie Mae strength attributed to circulation of job posting
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August 22, 2014
17:18 EDTFNMAGoldman Sachs announces agreements with FHFA to repurchase $3.15B in RMBS
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August 20, 2014
09:03 EDTFNMASpread of unrest beyond Ferguson would be positive for GSEs, says Rafferty
Rafferty Capital's Dick Bove indicates that he believes that if the unrest in Ferguson spreads, Congress would increase housing subsidies, benefiting the GSEs, Fannie Mae (FNMA) and Freddie Mac (FMCC).
August 15, 2014
07:44 EDTFNMAAckman sues government over Fannie, Freddie, Reuters reports
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